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    European Business & Economy Headlines
    Despite financial crisis, ECB should hold steady (AP)

    European Central Bank President Jean-Claude Trichet, right, shares a word with General Secretary of the European Trade Union Confederation John Monks as he arrives for a meeting at the trade union headquarters in Brussels, Wednesday Oct. 1, 2008. The ECB is expected to keep its key interest rate unchanged this week, despite the world financial crisis and the spreading U.S. financial meltdown. (AP Photo/Virginia Mayo)AP - The European Central Bank is expected to hold its benchmark interest rate steady later Thursday as inflation fears outweigh the growing financial crisis.


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    Thu, 02 Oct 2008 04:43:04 GMT - Yahoo! News: Business - European Economy
    Stocks show thin gain of 0.08% in initial trading (AFP)

    A businessman walks past the London Stock Exchange. Stocks in FTSE 100 were flat in initial trading on Thursday, gaining 0.08 percent to 4,963.47 points, after the US Senate approved a modified rescue plan for the stricken US financial sector.(AFP/File/Shaun Curry)AFP - Stocks in FTSE 100 were flat in initial trading on Thursday, gaining 0.08 percent to 4,963.47 points, after the US Senate approved a modified rescue plan for the stricken US financial sector.


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    Thu, 02 Oct 2008 07:20:23 GMT - Yahoo! News: Business - European Economy
    European stocks stable at open after US rescue plan approved (AFP)

    A man speaks on the telephone at the Frankfurt stock exchange. European shares steadied at the start of trading after the US Senate approved a modified financial rescue package for the stricken US financial sector.(AFP/DDP/File/Thomas Lohnes)AFP - European shares steadied at the start of trading on Thursday after the US Senate approved a modified financial rescue package for the stricken US financial sector.


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    Thu, 02 Oct 2008 08:21:58 GMT - Yahoo! News: Business - European Economy
    Euro jobless rate climbs to 7.5 percent in August (AP)
    AP - The jobless rate in the 15 nations that share the euro climbed again in August to 7.5 percent as worries over European economic growth deepened, EU statistics agency said Wednesday. -- read full article
    Wed, 01 Oct 2008 11:00:21 GMT - Yahoo! News: Business - European Economy
    Xstrata drops bid for platinum miner Lonmin (AP)
    AP - Anglo-Swiss mining giant Xstrata PLC dropped its US$10 billion bid for British rival Lonmin PLC on Wednesday, saying the turmoil on the financial markets makes a takeover of the world's No. 3 platinum producer too risky. -- read full article
    Wed, 01 Oct 2008 11:04:29 GMT - Yahoo! News: Business - European Economy
    EU seeks to rebuild confidence in financial sector (AFP)

    European Commission Chairman Jose Manuel Barroso holds a press conference at EU headquarters in Brussels. The European Commission called on Wednesday for a coordinated EU response to rebuild confidence in the crisis-struck financial sector as it proposed tougher regulations and cross-border oversight.(AFP/Dominique Faget)AFP - The European Commission called on Wednesday for a coordinated EU response to rebuild confidence in the crisis-struck financial sector as it proposed tougher regulations and cross-border oversight.


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    Wed, 01 Oct 2008 16:21:47 GMT - Yahoo! News: Business - European Economy
    London stocks close higher ahead of US Senate vote (AFP)

    A man looks at a computer screen showing the FTSE 100 on September 30. The FTSE 100 has finished more than one percent higher, with shares surging in HBOS and Lloyds TSB, as the US Senate prepared to vote on a revised financial rescue package.(AFP/Shaun Curry)AFP - The FTSE 100 finished more than one percent higher on Wednesday, with shares surging in HBOS and Lloyds TSB, as the US Senate prepared to vote on a revised financial rescue package.


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    Wed, 01 Oct 2008 16:38:11 GMT - Yahoo! News: Business - European Economy
    France's Lagarde denies report of EU bank plan (Reuters)

    France's Economy Minister Christine Lagarde (R) speaks with the media as she leaves the Elysee Palace following the weekly cabinet meeting in Paris October 1, 2008. (Philippe Wojazer/Reuters)Reuters - French Economy Minister Christine Lagarde denied on Wednesday that France was planning a 300 billion euro ($424.4 billion) EU bank rescue package.


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    Wed, 01 Oct 2008 18:18:53 GMT - Yahoo! News: Business - European Economy
    Global stocks volatile on bailout rejection (AP)

    Traders make sure their final trades are processed just after the closing bell on the floor of the New York Stock Exchange, September 30, 2008. (Brendan McDermid/Reuters)AP - Volatile world stock markets showed mixed reactions Tuesday to U.S. lawmakers' rejection of a $700 billion economic rescue plan, with global investors turning from sellers to buyers as the day progressed.


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    Tue, 30 Sep 2008 23:30:35 GMT - Yahoo! News: Business - European Economy
    Wall Street leads recovery from global rout (AFP)

    People mill about Wall Street, many tourists, taking pictures and looking at the iconic New York Stock Exchange building. A powerful Wall Street rally Tuesday helped lift global markets a day after a near-meltdown as investor hopes grew on the prospects for a new US financial rescue package to ease the crisis.(AFP/Getty Images/Spencer Platt)AFP - A powerful Wall Street rally Tuesday helped lift global markets a day after a near-meltdown as investor hopes grew on the prospects for a new US financial rescue package to ease the crisis.


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    Tue, 30 Sep 2008 23:00:46 GMT - Yahoo! News: Business - European Economy
    European stocks climb in early trade (AFP)

    A stock broker at Frankfurt's stock exchange on September 30. European shares rose after gains in Asia and overnight on Wall Street, amid renewed hope that a revised version of a US financial rescue plan would be adopted by Congress.(AFP/DDP/Thomas Lohnes)AFP - European shares rose Wednesday, after gains in Asia and overnight on Wall Street, amid renewed hope that a revised version of a US financial rescue plan would be adopted by Congress.


    -- read full article
    Wed, 01 Oct 2008 08:36:00 GMT - Yahoo! News: Business - European Economy
    Russian exchanges fall (AP)
    AP - Russian stock indexes sank Tuesday despite the federal market regulator ordering a two-hour trading halt in anticipation of massive fallout from the rejection of a bank bailout in the U.S. Congress. -- read full article
    Tue, 30 Sep 2008 11:48:56 GMT - Yahoo! News: Business - European Economy
    FTSE rises 0.22% on bargain hunting (AFP)

    London's FTSE 100 index of leading shares was up 0.22 percent in late morning deals, lifted by bargain hunting in the wake of a rout across Asia markets and on Wall Street overnight.(AFP/File/Shaun Curry)AFP - London's FTSE 100 index of leading shares was up 0.22 percent in late morning deals, lifted by bargain hunting in the wake of a rout across Asia markets and on Wall Street overnight.


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    Tue, 30 Sep 2008 11:47:17 GMT - Yahoo! News: Business - European Economy
    Global stocks volatile after bailout rejection (AP)

    Traders John Porcelli Jr. center, and Peter Edelson, right, work on the floor of the New York Stock Exchange, Tuesday Sept. 30, 2008. Stocks staged a partial rebound early Tuesday after their biggest sell-off in years, though financial markets remained troubled a day after lawmakers rejected a $700 billion rescue plan for the financial sector. (AP Photo/Richard Drew)AP - Stocks were volatile across the world on Tuesday, a day after U.S. lawmakers rejected a $700 billion bank rescue plan.


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    Tue, 30 Sep 2008 15:48:45 GMT - Yahoo! News: Business - European Economy
    FTSE 100 advances (AFP)

    A businessman walks past the London Stock Exchange. Shares in London closed higher, getting a boost from a rebound on Wall Street as investors hoped another vote on the US financial bailout package will see the plan passed.(AFP/File/Shaun Curry)AFP - Shares in London closed higher on Tuesday, getting a boost from a rebound on Wall Street as investors hoped another vote on the US financial bailout package will see the plan passed.


    -- read full article
    Tue, 30 Sep 2008 16:23:02 GMT - Yahoo! News: Business - European Economy
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